Ukraine said its forces shot down a Russian warplane near Bakhmut, repelling several attempts by Kremlin forces to seize the eastern city, which has become a key prize in the wider war. Bakhmut, a small town in Ukraine’s eastern Donetsk region, has become a key battleground in Russia’s offensive against the country, with fighting there … Read more
Ukraine’s efforts to clear and evacuate Russian forces in the eastern city of Bakhmut will help it retake other areas of the country, a Ukrainian commander in the region said. “Our main task is to wear down the superior forces of the enemy and inflict heavy losses on them,” Ukrainian Colonel General Oleksandr Syrskiy wrote … Read more
Defaults and vacancies are on the rise in high-end office buildings, the latest sign that telecommuting and rising interest rates are spreading pain to more corners of the commercial real estate market. For most of the pandemic, centrally located buildings with modern amenities fared better than less expensive buildings. Some were even able to raise … Read more
He was the boss of a tech giant. Now he studies fish and rice. Jack Ma, the founder of Alibaba Group Holding, appeared to have fallen out of favor with China’s leadership after a 2020 speech in which he criticized financial regulations. Ltd. has generally kept a low profile. The 58-year-old multi-billionaire, who resigned as … Read more
Chinese e-commerce giant Alibaba Group Holding Ltd. BABA 13.24% said it plans to split itself into six independently run companies that could seek separate IPOs, effectively breaking up the business empire that charismatic entrepreneur Jack Ma built over two decades, just as Tycoon re-emerged in China. The reorganization of one of China’s biggest private companies, … Read more
Sunday night’s premiere of the fourth and final season of HBO’s “Succession” drew 2.3 million viewers across television and streaming platforms, a new series high, the network said. Sunday’s premiere episode was the highest ever for “Succession,” surpassing the 1.7 million viewers who watched the season three finale in 2021. It was also 62% higher … Read more
Mickey Mouse has left a metaverse. Walt Disney C/o. DIS 1.64% has eliminated its next-generation storytelling and consumer experience unit, a small division that developed metaversal strategies, according to people familiar with the situation, as part of a broader restructuring that is expected to reduce staffing by about 7,000 people across the company. the next … Read more
March 27, 2023 at 6:33 PM ET Israeli Prime Minister Benjamin Netanyahu stands in the Knesset in Jerusalem on March 27. Picture: marc israel sellem/Agence France-Presse/Getty Images The world’s progressive elite sees dictatorship in every conservative corner these days, and Israel’s proposed legal reform has been the latest target. Prime Minister Benjamin Netanyahu’s decision on … Read more
TEL AVIV – Israeli Prime Minister Benjamin Netanyahu on Monday suspended a controversial justice reform plan that has sharply divided the country. The move appeared to calm tensions after anti-government protests and strikes rocked the nation. Opposition leaders welcomed the announcement and said they were ready to negotiate, and the country’s largest union called off … Read more
Jack Ma, Alibaba Group Holding Ltd. The company’s billionaire co-founder has returned to mainland China after spending about a year abroad, according to people familiar with the matter. Mr. Ma’s travels have come under close scrutiny as China’s leadership seeks to regain the confidence of entrepreneurs after years of regulations and Covid-19 pandemic measures have … Read more